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for the non-buildable area of the gas line that runs through their property. <br /> Total cost for this is $630,000. <br /> III. FINANCING <br /> Project Costs <br /> Land $ 680,895 <br /> Site improvements(site prep, grading,wetland mitigation/delineation,gas line) <br /> $ 630,000 <br /> Buildings (attach plans&costs) $ 3,470,000 <br /> Equipment/Machinery/Fixtures <br /> (attach list and estimated costs) $ 1,000,000 <br /> Wetland Credits $ 11,800 <br /> Industrial Inventory/Working Capital $ 200,000 <br /> Other(attach description) Contingencies $ 200,000 <br /> Total Costs $ 6,192,695 <br /> Comments: <br /> Proposed Sources of Financing <br /> SOURCE NAME TERMS AMOUNT <br /> Bank First National Bank $ 4,547,000 <br /> Other Private Funds $ <br /> Applicant Contribution $ 191,817 <br /> Other Elk River Forgivable Loan $ 200,000 <br /> Fed Grant/Loan $ <br /> State Grant/Loan $ <br /> EDA Microloan $ 100,000 <br /> Tax Abatement $ 1,153,878 <br /> P'Ge12of7 Y 9 N f N E 6 e 1 <br /> NATURE <br />